25 April 2024View in Browser
 
 

Weekly business and foreign investment news roundup in Asia

by Asia Briefing and Dezan Shira & Associates.

 
 

INDIA EDITION

 
 
 

TOP STORIES THIS WEEK:

 
 
 
Investing in Tamil Nadu: Manufacturing Outlook and Opportunities
 
The southern state of Tamil Nadu holds the top position in India in terms of both the quantity of factories and industrial workforce and has a major MSME presence across the manufacturing ecosystem.
 
 
 
India Identifies List of 30 Critical Minerals: Economic Implications
 
India heavily relies on imports for the majority of its minerals, with a few exceptions. It is now actively seeking private bids for domestic critical mineral exploration.
 
 
 
Powering India’s Green Energy Ambitions Through Nuclear Energy
 
India plans to catalyze its nuclear energy sector by leveraging public-private partnerships, aiming to attract US$26 billion in private investments.
 
 
 
Top Companies Race to Seize India’s ACC Manufacturing Opportunity
 
As of April 23, 2024, India has received seven bids under the Production Link Incentive Scheme for 10 GWh (gigawatt-hour) Advanced Chemistry Cell (ACC) manufacturing.
 
 
 
Apple’s iPhone Exports from India Doubles in FY 2023-24
 
In FY 2023-24, the US remained the largest importer of smartphones from India – worth US$6 billion – with iPhones accounting for US$5.46 billion of this total.
 
 
 
Over 15,000 Indian Companies Joined Dubai Chamber of Commerce in 2023
 
The bulk of the newly registered companies with the Dubai Chamber of Commerce in 2023 operate in the wholesale and retail trade and motor vehicle repair sector, constituting 44.2 percent of new memberships.
 
 
 

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COMPLIMENTARY BUSINESS RESOURCES:

 
 
Navigating China’s New Company Law: A Guide for Foreign Investors
 
 
Navigating China’s New Company Law: A Guide for Foreign Investors
 
From stricter capital injection rules to enhanced corporate governance, the changes introduced in the New Company Law have far-reaching implications for businesses, including foreign invested enterprises (FIEs)...
 
 
 
 
Corporate Tax Planning for Businesses in Vietnam in 2024
 
Vietnam has a highly competitive tax structure, which has attracted foreign investors across a spectrum of industries. In this tax report by Vietnam Briefing, we discuss the country’s Corporate Income Tax system, key...
 
 
 
Inside India's Manufacturing Revolution: Strategies and Insights for Business Success
 
India is emerging as an important manufacturing destination in Asia due to several factors. We discuss market entry strategies for foreign companies and expansion strategies for local players aiming to attract foreign...
 
 
 

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UPCOMING EVENTS FOR ASIA:

 
 
 
Navigating Indian Tax Laws: Implications for Businesses in 2024
 
Webinar |Thursday, April 25, 2024 | 2:30 PM India Time / 4:00 PM Vietnam Time / 5:00 PM China Time
 
 
 
India’s Top 5 Investment Destinations: Strengths and Opportunities for Foreign Businesses
 
Webinar | Thursday, May 16, 2024 | 9:00 AM Los Angeles / 12:00 PM New York
 
 
 
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